This article reviews the case, In re Delta Mills, Inc., Bankruptcy No. 06-11144 (CSS), Adversary No. 07-51707 (CSS), 2009 WL. 723271 (Bkrtcy.D.Del., March 17, 2009), a suit between GMAC and a textile manufacturer in Chapter 11.
In this installment of Business Ethics, learn about the IFF teaching model and how it can be more effective at helping employees understand the relevance of company conduct standards.
It’s an opportunity for reflection on how our perceptions of our various internal and external constituencies color our interactions with them.
With the high rates of depression and anxiety in the legal community, ACC President and CEO Veta T. Richardson underscores the importance of self-care for lawyers.
In the corporate setting, individual actions aren’t limited to individual consequences. The unscrupulous decisions of a few can lead to hefty fines for the whole organization.
Artificial Intelligence (AI) has become an even hotter topic since the introduction of generative AI tools like ChatGPT, a chatbot developed by OpenAI, as well as tools like Copilot and OpenAI Codex, which use generative AI to write computer code. This resource from Womble Bond Dickinson discusses the best practices in using Artificial Intelligence to generate code.
This is a due diligence request list, in order to obtain IP-related information from a seller, in the context of an acquisition.
Everyone in the legal profession at one time or another experiences setbacks and frustrations, but how can attorneys know when it is time to seriously consider alternative roles or interests? Is it possible to make changes without seeking new employment, or has the time come to move on? Read this article to find out more.
This is a non-disclosure agreement between two companies, one based in Delaware.
This article focuses on the end goal of implementing alternative fee arrangements ("AFAs"). Statistics show that more and more firms and in-house counsel are moving their work to some type of AFA, but yet not all of them have a firm understanding as to what they're trying to achieve. This article addresses three basic, attainable, targets that general counsel and law firm leaders alike should keep in mind as they implement and improve their AFAs: (1) reducing the client's total legal costs by a significant amount, (2) providing near-complete predictability in cost and process, and (3) significantly improving outcomes.
<p/>This ACC Value Challenge resource is part 1 of a 3 part series. To view the other resources in this series, please click here:</p>
<p class=><a id=CP___PAGEID=1365193| href=/legalresources/resource.cfm?show=1365193>ACC Value Challenge: Facing Up to the Challenge - Law Firm Metrics (Part 2)</a></p><p class=><a id=CP___PAGEID =1365213| href=/legalresources/resource.cfm?show=1365213>ACC Value Challenge: Facing Up to the Challenge - The Transition (Part 3)</a></p>
This note contains a brief commentary on some of the main legal terms in international debt issues of or guaranteed by Ukraine. The objective is to analyse the degree to which these bonds are consistent with practice in the international capital markets and to weigh up the balance between the sovereign debtor and the bondholder creditors in terms of the rights and protections granted by the terms of the bonds. The main conclusion is that the bond issue legal terms seek to enhance stability for both Ukraine and the bondholders if there is a crisis.
An overview of settling environmental cases.
The United States Securities and Exchange Commission’s (SEC) proposed climate disclosure rule, approved by a 3–1 vote on March 21, 2022, is the agency’s most significant regulatory undertaking in more than a decade. In this resource, learn more about how the decision can impact all domestic registrants and foreign private issuers.
This excerpt from the chapter on corporate governance in the book Successful Partnering Between Inside and Outside Counsel focuses on the business judgment rule.
An appeal may not always be the best course of action. And since your CEO may not understand that an appeal, with the financial burden it can impose and its lengthy process, involves much more than just a second chance to win the case, it is your job to explain it. Find out about the technical details of filing an appeal, decide when your company should pursue one, and when it should settle for the initial judgment.
Electronic commerce is rapidly changing the way companies do business. To be an effective counselor in the transition, you need to understand the company’s business, know and use the jargon, and share the corporation’s long-term vision.
This is a sample litigation hold policy regarding worker's compensation.
It is past time to recognize the primary root cause of corruption — a failure of top leadership
Although people do not respond to slogans, they do respond to leadership.
This checklist provides regulatory updates for global remote work policies.
Many states allow employees to file claims against employers alleging that the employer has created a “public nuisance” as the result of failing to maintain a safe and healthy working environment during the pandemic. The lawsuits focus not on OSHA requirements, but on guidance from the CDC and local governments, or best practices for certain industries.
An overview of software security issues as well as a discussion of a risk management team's role in the event of a data security breach.
You must create a culture where your pilots are not rewarded for getting to their destination quickly unless they do so in the right way — one that does not put the enterprise at significant risk.
James Nortz discusses how game theory can be applied to implementing an effective compliance and ethics strategy.
Conflicts of interest are common because our personal lives intersect constantly with our professional lives. Here's how to manage office policies as in-house counsel.
A discussion on value-based payment arrangements between corporations and outside counsel.
What every financial services industry in house counsel needs to know about effective handling of regulatory matters and regulatory expectations. Provide an overview of trends in consumer finance regulation, including the CFPB, and other major federal and state banking regulators. Discuss recent rules, enforcement actions, and regulatory priorities of consumer finance regulators and their applicability to the financial services industry. Compare the consumer finance regulatory regime with other financial industry regulation.
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